BITCOIN - CROSSROAD
As we can see from the weekly chart, the 30-month bullish trend that started with the formation of the Cypher pattern reached its 3-in-a-row main profit-taking zone and the eventual reversal of the movement.
From here on, we watch Daily for the main move to run out and tracks for the upcoming down move.
From here on, we watch Daily for the main move to run out and tracks for the upcoming down move.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.